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Imaginatik confirms further delay with equity investment

Mon, 17th Sep 2018 10:27

(Sharecast News) - Corporate innovation management provider Imaginatik updated the market on its potential equity investment on Monday, confirming that the investor was still in discussions to make a controlling equity investment in the company.The AIM-traded firm said it was now likely to be at a price of 2p per ordinary share, however.It said that, in relation to the equity investment, it was still in the process of seeking confirmations from "certain independent shareholders" in order to obtain, on behalf of the investor, a dispensation from the City Code obligation for the investor to make a mandatory offer under Rule 9."The company appreciates that the process around the equity investment has taken longer than expected, however both discussions with the investor and independent shareholders are progressing well," the Imaginatik board said in its statement.It said it would make a further announcement as soon as appropriate.
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6 Apr 2016 12:34

Imaginatik Notes Rob Terry Rumours As Share Price Rises (ALLISS)

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9 Mar 2016 10:24

Imaginatik Shares Jump As It Reports Positive Third Quarter Trading

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9 Mar 2016 09:30

Imaginatik reports solid third quarter trading

(ShareCast News) - AIM-listed Imaginatik said trading in the third quarter was positive, continuing momentum from the first half of the year. The consultancy and technology products company said gross bookings for the three months to the end of December nudged up to £1.28m from £1.26m the previous y

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10 Feb 2016 12:39

UPDATE 2-UK's ARM takes more of the profit in slowing smartphone sector

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5 Jan 2016 07:56

Imaginatik Repays One Loan From Chairman With GBP250,000 Outstanding

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10 Dec 2015 10:38

WINNERS & LOSERS SUMMARY: Glencore Surges On Further Cost Cutting

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10 Dec 2015 09:16

Imaginatik First Half Loss Narrows As Contract Wins Drive Revenue

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9 Nov 2015 16:20

Imaginatik Expects Reduced Loss In First Half On Revenue Growth

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21 Sep 2015 15:06

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16 Sep 2015 11:46

Imaginatik takes second loan from chairman Matt Cooper

(ShareCast News) - Imaginatik has announced they've borrowed an extra $110,000 from their non-executive chairman Matt Cooper while they wait for funds from a handful of clients. The company, which offers a range of consultancy and technology products, is also using the loan to cover minor delays in

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16 Sep 2015 09:37

WINNERS & LOSERS SUMMARY: SABMiller Shares Jump 23% On AB-InBev Bid

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